AN INVESTMENT COMPANY'S BALANCE-SHEET.
[by telegraph — press association.] Auckland, This Day. The attorneys in New Zealand of the New Zealand and River Plate Land Mortgage Co., Ltd., have received cable advice from the Company's London office that at a general meeting to be held on the 3rd prox. the directors will recommend that a dividend at the rate of 6 per cent, per annum be paid. The net profits for the year amount to £26,599 12s. > and after providing for dividends as above it is proposed to pay £14,890 to the reserve fund, and to carry forward £1036 The directors recommend that the surplus realised during the year from properties in New Zealand, and investments in London, be paid to the reserve fund, which will increase it to £50,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP18981231.2.61
Bibliographic details
Evening Post, Volume LVI, Issue 157, 31 December 1898, Page 5
Word Count
129AN INVESTMENT COMPANY'S BALANCE-SHEET. Evening Post, Volume LVI, Issue 157, 31 December 1898, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in